Ripple (XRPUSD)

[europa7]

Maxine Waters(D) asks FB to cease Libra development...? nasty

US Senate Announces Hearing for Facebook Cryptocurrency
https://www.financemagnates.com/cryptocurrency/news/us-senate-announces-hearing-for-facebook-cryptocurrency/
The hearing will examine privacy and security concerns surrounding Libra

"...Waters, a far-left politician from California, has even asked that Facebook cease development of Libra until congress can examine the privacy and financial risk that the cryptocurrency poses.

“With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion and extending its reach into the lives of its users,” Waters, who has 335,000 Facebook followers, said in a statement on Wednesday.

“Given the company’s troubled past, I am requesting that Facebook agree to a moratorium on any movement forward on developing a cryptocurrency until Congress and regulators have the opportunity to examine these issues and take action...”

The antitrust suspects: Facebook and Apple appear to be most at risk
https://www.marketwatch.com/story/the-antitrust-suspects-facebook-and-apple-appear-to-be-most-at-risk-2019-06-18

Facebook's Answer to Bitcoin Poses a Double Threat
https://www.bloomberg.com/opinion/articles/2019-06-17/facebook-libra-crypto-currency-is-another-zuckerberg-threat
"Mark Zuckerberg's Libra cryptocurrency project may just strengthen his stranglehold on our user data. Financial stability is another huge concern."

Note: very nasty...prob a good idea for Ripple to stay away from this mess...keep focus on Asia, South America, Africa/ME and Europe...Garlinghouse & Co seem to have wisdom, prudence, patience, and a keen business sense in these matters...imo...go XRP!